Europe’s economy expected to drop again

The economy on the continent is expected to crash, despite numerous policymakers’ attempts to bring it back to life

Latest data have revealed that business growth this month was the lowest of the last 16 months. The Markit’s Purchasing Manager’s Index (PMI), the economic health key barometer confirms the figures.

Service sectors in France and Germany struggle, while the overall economic growth across the bloc is considered to be uncertain.

As Europe is “stuck in a low-growth phase” and despite the efforts of European Central Bank (ECB) to develop a program of rate cuts and money printing in an attempt to save the economy on the continent, forecasts are not at all encouraging.